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Lake Drive is a residential street with 6 addresses.
It ranks as the 55th largest and 383rd most expensive of the 656 streets in the DE23 area. The dominant property type is a early-century house built between 1912 and 1935.
The street contains a total of 6 properties: 6 houses.
Lake Drive is a residential street with 6 addresses.
It ranks as the 55th largest and 383rd most expensive of the 656 streets in the DE23 area. The dominant property type is a early-century house built between 1912 and 1935.
The street contains a total of 6 properties: 6 houses.
Sale prices range from £195,647 for 3 bedroom freehold houses with a garden (850 ft2) to £286,729 for 5 bedroom freehold houses with a garden (1,711 ft2) .
Monthly rental prices range from £1,119 pcm for 3 bed houses to £1,326 pcm for 5 bed houses.
The gross rental yield is between 5.5% and 6.9%.
The average value per square foot is £178.
The last sale on Lake Drive sold for £157,500 on 31st August 2017. Since then prices are up an average of 43.8%.
The current average value in the street is £246,125.
The Lake Drive Sales Market has increased by 52.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.1% | £246,125 |
| May 2025 | 5% | £246,446 |
| May 2024 | -1.6% | £234,618 |
| May 2023 | 6.9% | £238,378 |
| May 2022 | 11.5% | £223,035 |
| May 2021 | 6.3% | £200,006 |
| May 2020 | 1.6% | £188,212 |
| May 2019 | 4.6% | £185,304 |
| May 2018 | 3.5% | £177,099 |
| May 2017 | 5.7% | £171,170 |
| May 2016 | 1.5% | £161,949 |
| May 2015 | 3.7% | £159,482 |
| May 2014 | 7.3% | £153,834 |
| May 2013 | 2.4% | £143,333 |
| May 2012 | -0.2% | £139,994 |
| May 2011 | -1.3% | £140,243 |
| May 2010 | 4.3% | £142,134 |
| May 2009 | -14% | £136,255 |
| May 2008 | -4.2% | £158,376 |
| May 2007 | 0% | £165,261 |
The current average rental value in the street is £1,205.
The Lake Drive Rental Market has increased by 65.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.4% | £1,205pcm |
| May 2025 | 3% | £1,176pcm |
| May 2024 | 7.4% | £1,142pcm |
| May 2023 | 11.1% | £1,064pcm |
| May 2022 | 11% | £958pcm |
| May 2021 | 7.6% | £863pcm |
| May 2020 | 4% | £802pcm |
| May 2019 | 2.4% | £771pcm |
| May 2018 | 1.1% | £753pcm |
| May 2017 | 2.5% | £745pcm |
| May 2016 | 4.3% | £727pcm |
| May 2015 | 0.6% | £697pcm |
| May 2014 | 0.6% | £693pcm |
| May 2013 | 2.1% | £688pcm |
| May 2012 | 1.6% | £674pcm |
| May 2011 | 0.4% | £663pcm |
| May 2010 | 1.3% | £661pcm |
| May 2009 | -6.2% | £652pcm |
| May 2008 | 1.9% | £695pcm |
| May 2007 | 0% | £683pcm |
The last sale was on 31st August 2017 for £157,500 and since then the market in the area has increased by 43.8%. The street has had a total of 6 sales since 1995.
Lake Drive, Derby, DE23 has seen no sales in the last three years and no sales in the last twelve months.
Lake Drive, Derby, DE23 is the 55th largest and the 383rd most expensive street in the DE23 area.
There is 1 postcode on Lake Drive, Derby, DE23.
The closest station to Lake Drive, Derby, DE23 is Peartree station which is 800 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Lake Drive, Derby, DE23, 38.3% of property is privately owned with a mortgage and 35.2% is privately owned outright.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Lake Drive, Derby, DE23, 21.8% of residents are recorded as possessing school level qualifications and 23.7% as possessing degree level qualifications.
The graph below shows how this compares to East Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Lake Drive, Derby, DE23, the average age was 34.3 and the most common age was 12.
The graph below shows how this compares to East Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Lake Drive, Derby, DE23, 0.0% of property was a second home.
Comparison figures for East Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Lake Drive, Derby, DE23, there are an average of 1.2 cars per household.
See below for how this compares to East Midlands and the rest of England & Wales.